2001 Peyton Ave | Burbank, CA 91504
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
2001 Peyton Ave
Burbank, CA 91504
Renovated 20 Units 5.25% Cap! Only 299k/door · Multifamily Property For Sale
·
20 Units
Investment Highlights
- Rare non-rent controlled 20-unit building (95% occupied) in the prime Burbank area, priced at only $299k per door for renovated units.
- 16 fully renovated units with permits and 1 partially remodeled units offer promising long-term value for any forward-thinking investor.
- Large 19,166 SF Lot with lots of parking spaces.
- Incredible Current Cap Rate of 5.25% Cap Rate and 13.2 GRM with upside potential to reach a 5.7% cap rate and 12.4 GRM on proforma.
- Easy to Rent Unit Mix of All Studios that are Individually metered for Electricity.
- Preliminary Plans for 8 Detached ADUs over the open parking lot
Property Facts
| No. Units | 20 | Building Size | 9,232 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1960/2023 |
| Building Class | B | Parking Ratio | 1.29/1,000 SF |
| Lot Size | 0.44 AC | ||
| Zoning | BUR4* - R4 (MULTIFAMILY) | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.44 AC |
| Building Size | 9,232 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built/Renovated | 1960/2023 |
| Parking Ratio | 1.29/1,000 SF |
| Zoning | BUR4* - R4 (MULTIFAMILY) |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Range
Site Amenities
- Picnic Area
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 20 | - | 600 |
Property Taxes
| Parcel Number | 2468-016-004 | Improvements Assessment | $2,080,800 |
| Land Assessment | $1,924,740 | Total Assessment | $4,005,540 |
Property Taxes
Parcel Number
2468-016-004
Land Assessment
$1,924,740
Improvements Assessment
$2,080,800
Total Assessment
$4,005,540
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
